News

While every other ship off the east coast of the United States steaming eastward trying to get the hell out of the way of Hurricane Sandy, the MOL Paramount,

Captain Stephen Kearney, a 20-year fisherman and another man were off the coast of Ireland when their fishing boat Snowdonia began taking on water. “We

(Bloomberg) — Hurricane Sandy was barreling northward along the U.S. East Coast as forecasters warned it would converge with two other systems to create

(Bloomberg) — Rates for oil tankers in the Baltic and North Seas may jump this winter on forecasts for harsher weather, increasing demand for Aframax

MAN Diesel & Turbo, together with HHI-EMD, the engine and machinery division of Hyundai Heavy Industries, has presented the first IMO Tier III-compliant

On 15 October, Captain Miro Vuletic and his crew on board the NYK-owned LNG carrier Lusail was integral in the rescue of two Sri Lankan fishermen in

SINGAPORE–Container shipper Neptune Orient Lines Ltd. (NO3.SG) Thursday said it swung to a net profit in the third quarter mainly because of cost

To read more on this bizarre and tragic story from industry experts, please follow along

Hercules Offshore Inc.’s (HERO) third-quarter loss widened sharply as the oil rig company was hit by a large asset impairment charge that overshadowed a

SEOUL–Hyundai Heavy Industries Co. (009540.SE), the world’s largest shipbuilder by sales, on Thursday posted a 35% slump in third-quarter operating

Wärtsilä announced today that they have been awarded the contract to supply integrated power and automation systems for two new icebreakers being built

Rolls-Royce announced today that they have broadened their capability in ship design with the establishment of a new team dedicated to the development of naval

(Bloomberg) — Technip SA, the French oil-services provider building the Prelude floating liquefied natural gas vessel for Australian waters, expects such

(Bloomberg) — Europe’s largest container lines are making an attempt to increase Asia-Europe rates to more than break-even levels and restore

Amid foggy circumstances, the CEO of offshore drilling contractor Songa Offshore, Asbjørn Vavik, has resigned.  Effective immediately, Jens A Wilhelmsen,

Nick Sloane from Titan Salvage, Sergio Girotto from Microperi, and Franco Porcellacchia, VP of Carnival Corp are interviewed by the AFP on the work being done

  LONDON–Two helicopter operators that transport workers to oil rigs in the North Sea have suspended flights using Super Puma aircraft after one

MELBOURNE–The forecast jump in ships carrying coal north from Australia that will come with the expansion of a northerly port by companies such as BHP

(Bloomberg) — Singapore will build a fourth liquefied natural gas tank as part of its plan to meet growing energy demand and take advantage of increased

Construction of the world’s largest ship is picking up speed. Recently, the very first propeller was loaded onto the Maersk Salalah container ship in